Which of the Following Cases Is Authority for the Principle

question 32

Multiple Choice

Which of the following cases is authority for the principle that a restraint of trade clause will be valid if it is reasonable?

• A)Anderson Ltd v Daniel [1924] 1 KB 138.
• B)Nordenfelt v Maxim Nordenfelt Guns and Ammunition Company Ltd [1894] AC 535.
• C)Forster & Sons Ltd v Suggett (1918)35 TLR 87.
• D)Public Service Employees Credit Union Cooperative Ltd v Campion (1984)56 ACTR 39.

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Definitions:

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade possibilities.

Opportunity Costs

Opportunity costs represent the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Mutually Beneficial Trade

A trade agreement between parties that provides gains or advantages to all involved parties.

Tariff

a tax imposed on imported goods and services, intended to make foreign commodities less price-competitive than domestic goods.